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IoT-Based Home Automation Business Raising Funds In Zirakpur

Listing ID: SL025232
Posted By: Owner
Last Active: 1 month ago
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About Business

Established in 2016 in Zirakpur, this pioneering enterprise has specialized in IoT-based home automation for over eight years, transforming ordinary homes into smart living spaces through third-party manufacturing. The company is recognized for its expertise in Zigbee technology and retrofit automation products, delivering innovative solutions that enhance convenience, efficiency, and modern living.

Product Ecosystem

The business has developed a comprehensive range of products across multiple categories, including:

Smart Touch Switches – Elegant, intuitive switches that provide smart lighting control, combining style with functionality.
Retrofit In-Wall Modules – Easy-to-install modules that upgrade traditional systems with advanced automation without major renovations.
Curtain Motors – Automated systems with smooth, silent operation and customizable settings for an elegant user experience.
Digital Door Locks – Options ranging from basic to Wi-Fi-based and Zigbee-enabled locks, offering robust security and modern convenience.
Controls – Wired and wireless keypads and sophisticated touch screens for seamless, intuitive control of connected smart devices.

Current Status

The business has been dormant since January as the owner plans to relaunch under a new brand name, presenting an opportunity for rebranding and growth in the fast-expanding smart home automation market.

Clientele type

The company’s clients include architects, builders, interior designers, and end customers seeking advanced home automation solutions.

Premises

OWNED

Premise Size: 700sqft

Market Value (in INR): 50.00 L

The business operates from a self-owned showroom spanning 700 sq. ft.

Asking Price Includes

The owner is willing to offer a 20% stake in the business.

Asking Price

INR 15.00 L

Minimum ticket size

INR 15.00 L

Reason

The owner is looking to raise funds to rebrand the enterprise as a premium brand and scale operations.

More Details

The owner holds a B.Tech in Electronics and Communications (2014) and gained 1.5 years of professional experience before establishing the business.

Keywords

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Business Tags

IoT-Based Home Automation Business Raising Funds In Zirakpur

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